Mining Magazine February 2019 | Page 19

CANADA
19 skills , whether it ’ s geopolitical or socioeconomic , to overcome the challenges that we are facing .”
Banro ’ s transformation is one of two parts . First , Richards and the company will look to recapitalise the company over the next year in order to reposition the company to where its history and land package should place its cost structure and operating environment amongst its peers . This first phase of rehabilitation is one of trying to understand a number
of legacy deficiencies in order to take the necessary steps in order to stabilise the business . When Richards entered the business , Banro was faced with fresh security challenges that he believes “ paralysed ” the business temporarily . Step one of the journey was to re-establish community relationships . “ It ’ s our obligation as a company to provide a safe workplace for our people and a safe workplace for our whole community to live in ,” he says . “ That ’ s achieved
www . miningglobal . com